According to a press release of the FEFPEB (European Federation of Wooden Pallet and Packaging Manufacturers), further price increases in the wooden pallet and packaging industry are “inevitable” as the impact of the pandemic continues to be felt by companies in Europe and the rest of the world.

The organization expects the sustained rise in the price of raw materials – including wood and steel – and availability problems in some markets to create upward pressure on prices.

According to Fons Ceelaert, Secretary General of the FEFPEB, “producers of wooden pallets and packaging are therefore faced with increasingly unprofitable production, wood shortages and serious economic decisions about slowing down or even stopping production”.

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